Saturday, January 05, 2008

Dollar Who Now?

There have been numerous announcements rumours before, but Google alerts have been springing up today from the Iranian press, so maybe it's serious this time... The Iranian Non-Dollar Oil Bourse might well open some time in early February. Is this tactically timed to coincide with the Iranian festivities? Or the American presidential race? Or is the Dollar now just to FUBAR for it to make any difference?

I don't know, but 2008 could hold more surprises yet.

Retrospective still to come.

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